Universal Registration Document Fiscal 2025

4.3.2 Two-year financial summary Copy

  FISCAL 2025 FISCAL 2024
(in millions of euros) PROFIT BEFORE TAX EXCLUDING SHARE OF PROFIT OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD INCOME TAX EXPENSE RATE PROFIT BEFORE TAX EXCLUDING SHARE OF PROFIT OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD INCOME TAX EXPENSE RATE
EFFECTIVE 892 (198) 22.2% 983 (249) 25.4%
Adjustments:            
Restructuring costs 97 (25)   69 (18)  
Impairment losses and amortization of intangible assets relating to client relationships and trademarks 35 (9)   35 (9)  
Recognition of deferred taxes (16)   (71)  
Other 22 (14)   (45) 77  
UNDERLYING 1,046 (261) 25.0% 1,041 (270) 26.0%

4.3.2 Two-year financial summary

(in millions of euros, unless otherwise indicated) FISCAL 2025 FISCAL 2024
Shareholders’ equity Shareholders’ equity

FISCAL 2025

3,799
Shareholders’ equity

FISCAL 2024

3,798
Attributable to equity holders of the parent

Attributable to equity holders of the parent

FISCAL 2025

3,786

Attributable to equity holders of the parent

FISCAL 2024

3,782

Non-controlling interests

Non-controlling interests

FISCAL 2025

13

Non-controlling interests

FISCAL 2024

16

Borrowings(1) Borrowings(1)

FISCAL 2025

4,777
Borrowings(1)

FISCAL 2024

4,734
Long-term borrowings

Long-term borrowings

FISCAL 2025

3,958

Long-term borrowings

FISCAL 2024

4,010

Short-term borrowings

Short-term borrowings

FISCAL 2025

819

Short-term borrowings

FISCAL 2024

724

Cash and cash equivalents, net of bank overdrafts Cash and cash equivalents, net of bank overdrafts

FISCAL 2025

2,090
Cash and cash equivalents, net of bank overdrafts

FISCAL 2024

2,134
Net borrowings(2) Net borrowings(2)

FISCAL 2025

2,687
Net borrowings(2)

FISCAL 2024

2,600
Revenues Revenues

FISCAL 2025

24,074
Revenues

FISCAL 2024

23,798
Underlying operating profit Underlying operating profit

FISCAL 2025

1,139
Underlying operating profit

FISCAL 2024

1,109
Operating profit

Operating profit

FISCAL 2025

985

Operating profit

FISCAL 2024

1,051

Net profit for the year

Net profit for the year

FISCAL 2025

706

Net profit for the year

FISCAL 2024

179

Attributable to non-controlling interests

Attributable to non-controlling interests

FISCAL 2025

11

Attributable to non-controlling interests

FISCAL 2024

11

Net profit for the year attributable to equity holders of the parent Net profit for the year attributable to equity holders of the parent

FISCAL 2025

695
Net profit for the year attributable to equity holders of the parent

FISCAL 2024

168
Weighted average number of shares (undiluted) Weighted average number of shares (undiluted)

FISCAL 2025

146,014,551 
Weighted average number of shares (undiluted)

FISCAL 2024

146,451,943 
Basic earnings per share (in euros)

Basic earnings per share

(in euros)

FISCAL 2025

4.76

Basic earnings per share

(in euros)

FISCAL 2024

1.15

Dividend per share paid during the fiscal year (in euros)

Dividend per share paid during the fiscal year

(in euros)

FISCAL 2025

2.70

Dividend per share paid during the fiscal year

(in euros)

FISCAL 2024

9.34

Share price at August 31 (in euros)

Share price at August 31

(in euros)

FISCAL 2025

51.30

Share price at August 31

(in euros)

FISCAL 2024

80.50

Highest share price in the fiscal year (in euros)

Highest share price in the fiscal year

(in euros)

FISCAL 2025

84.10

Highest share price in the fiscal year

(in euros)

FISCAL 2024

83.10

Lowest share price in the fiscal year (in euros)

Lowest share price in the fiscal year

(in euros)

FISCAL 2025

50.20

Lowest share price in the fiscal year

(in euros)

FISCAL 2024

64.50